Germania Savings Bank (New Orleans, LA)

Episode Information

Episode UID
9274276791270
Episode Type
Run Only
Bank Type
savings
Bank ID
927427679 hash
Start Date
October 14, 1905
Location
New Orleans, Louisiana (29.955, -90.075)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
36971d1e53978b39

Response Measures

None

Description

Run attributed to false attacks by The Daily American; its editors were later convicted of criminal libel.

Events (1)
1. October 14, 1905 Run
Cause
Rumor Or Misinformation
Cause Details
Sensational/false attack by The Daily American newspaper triggered withdrawals; the paper's editors were later convicted of criminal libel.
Random Run
Yes
Random Run Snippet
Attack by The Daily American caused flurry; editors convicted of libel
Measures
Clearing house issued statement of support; depositors redeposited funds and confidence was restored.
Newspaper Excerpt
The run on the Germania Savings bank was resumed Saturday, but it is believed the excitement has passed...
Source
newspapers

Newspaper Articles (11)
1. October 15, 1905 Bryan Morning Eagle Bryan, TX
Article from Bryan Morning Eagle, October 15, 1905

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Article Text

New Orleans, Oct. 14.-The run on the Germania Savings bank was resumed Saturday, but it is believed the excitement has passed, as the impreg. nability of the institution is realized. Public confidence in the Institution is so high. that the bulk of the patrons of the Institution let the money remain.

2. October 16, 1905 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, October 16, 1905

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Article Text

Bank Run Stops. New Orleans, La., Oct. 16.-The run on the Germania Savings bank has entirely ceased. The clearing house made a statement today that they considered the Germania incident entirely closed and the credit of the bank unimpaired

3. October 16, 1905 Evening Times-Republican Marshalltown, IA
Article from Evening Times-Republican, October 16, 1905

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Article Text

Bank Run Ceases. New Orleans, Oct. 16.-The run on the Germania Savings bank has entirely ceased.

4. October 16, 1905 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, October 16, 1905

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Article Text

New Orleans Run Ends. New Orleans, Oct. 16.-The run on the Germania Savings bank has entirely ceased.

5. October 16, 1905 The Minneapolis Journal Minneapolis, MN
Article from The Minneapolis Journal, October 16, 1905

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Article Text

NEW ORLEANS BANK RUN CEASES. New Orleans, Oct. 16.-The run on the Germania savings bank has entirely ceased.

6. October 17, 1905 The Montgomery Advertiser Montgomery, AL
Article from The Montgomery Advertiser, October 17, 1905

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Article Text

Run on Bank Thing of Past. New Orleans, Oct. 16.-The run on the Germania Savings Bank has entirely ceased and the excitement of Friday and Saturday has entirely passed. When the bank opened today there was nobody waiting to withdraw money. and as the hours passed, it became evident that confidence in the institution had been fully restored. Before 11 o'clock the deposits of twenty of those who had taken their money out last week were presented for redeposit.

7. October 17, 1905 Ottumwa Tri-Weekly Courier Ottumwa, IA
Article from Ottumwa Tri-Weekly Courier, October 17, 1905

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Article Text

Bank Withstands Run. New Orleans, La., Oct. 16. - The run of the Germania Savings bank has entirely ceased after lasting three days.

8. October 17, 1905 Los Angeles Herald Los Angeles, CA
Article from Los Angeles Herald, October 17, 1905

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Article Text

Germania Bank Weathers Run By Associated Press. NEW ORLEANS, Oct. 16.-The run on the Germania Savings bank has entirely ceased. The clearing house made a statement today that they considered the Germania incident closed and the credit of the bank unimpaired.

9. October 17, 1905 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, October 17, 1905

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Article Text

Bank Run Ceases. NEW ORLEANS, Oct. 16.-The run on the Germania Savings bank has entirely ceased. The clearing house made a statement today that they considered the Germania incident entirely closed and the credit of the bank unimpaired.

10. February 14, 1906 Carolina Watchman Salisbury, NC
Article from Carolina Watchman, February 14, 1906

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Article Text

For Causing Run on Bank. New Orelans, Special.-The sensational run on the Germania Savings Bank last year had its sequel in the conviction for criminal libel of Peter Kiernan, the owner and editor, and Jesse Webb, the city editor, of The Daily American, the newspaper which caused the flurry. The paper has since suspended, largely as the result of its loss of popularity following the attack on the bank.

11. February 14, 1906 Edgefield Advertiser Edgefield, SC
Article from Edgefield Advertiser, February 14, 1906

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Article Text

For Causing Run on Bank. New Orelans, Special.-The sensational run on the Germania Savings Bank last year had its sequel in the conviction for criminal libel of Peter Kiernan, the owner and editor, and Jesse Webb, the city editor, of The Daily American, the newspaper which caused the flurry. The paper has since suspended, largely as the result of its loss of popularity following the attack on the bank.